[...] The point of having an activist, interventionist state, is that one no longer has to do things on neoliberal terms. In other words, one doesn't have to accept the blackmail according to which you acquiesce or you lose jobs, wages and taxes. That's the neoliberal blackmail in a nutshell, and its persuasive power always depended fundamentally on the idea that there is no alternative. What if there is an alternative? Even if it isn't a "socialist phoenix", it changes the equation, and forces a different and less caricatured conversation.

The strongest part of Cortes's case is that leaving the neoliberal EU, Britain will still be part of a neoliberal world. In other words, a range of global institutions, trade and financial bodies, from the WTO to the IMF, will continue to have a pronounced role in how British capitalism is governed. Nevertheless, there are certain specific constraints that come with membership of the European Union. May's soft Brexit plan, of course, did not address those: why should it? But a government of the Left, with a suitable flexibility of tactics, could address it.

The point I'm making is that, setting aside phoenixes and appeasement and other such shopworn imagery, there are ways to adapt to Brexit, to protect workers, and even make something of an opportunity out of the relinquishing of eg state aid rules. This is no longer a terrain in which the outcome has to be settled by the most reactionary elements in our political life. Moreover, given this, if the agenda is to fight for any kind of "People's Europe", that would surely not be helped by a rush of the loyalist Left to rejoin these institutions and acquiesce to these rules. If there is a route to a People's Europe, it is surely through the crisis of those institutions.

Every choice is a renunciation. Every decision comes with opportunity-costs. There are a million possible ways to waste your time. In politics, there being so many issues, you have to be parsimonious. You hammer away, relentlessly, at the biggest prize, the biggest opportunity. If you make the wrong choice, that is wasted money and labour-hours. Prioritising a quixotic campaign to save Britain's position in the European Union is, for the Left, a waste of its energies. It would be far better placed dedicating its forces to a creative project -- for which, slogans regarding a "People's Europe" are an exceedingly poor, emaciated substitute.